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Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:bermuda, dr. rufus ewing, premier, territories leaders TCI Premier Responds To Beaches’ Letter Announcing Closure Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 24 Jul 2015 – The Premier has told the UK that the areas of biggest concern for the Turks and Caicos as an overseas territory are: financial and economic sustainability, social development and border control and security. Hon Dr Rufus Ewing and Border Control and Labour Minister DonHue Gardiner on Wednesday left to attend the Pre-Joint Ministerial Council meeting set in Bermuda. The Office of the Premier provided the presentation by Premier Ewing at the two day session; he spoke of the common challenges and how they can be an impetus for getting what is most needed per nation from the British.“By and large there are number of areas that are common that we can say that as Overseas Territories we can sit with our heads together and solve. Also on the issue of cooperation between countries, best practices between countries, there are some countries that are more advanced and have gone through with some countries that have yet to go through and so that there is a lot that we can learn from Bermuda, a lot that we can learn from Cayman Islands who might have gone through this before and developed systems that we can benefit from so it is about that kind of relationship as sister overseas territories.”During the two-day meeting, the Territories Leaders are also expected to make a unified statement on their approach to Beneficial Ownership, which will be forwarded to the United Kingdom. Bermuda swears in youngest Premier in country’s history Attorney calls on UWI to honor TCI leaders Recommended for youread more

Infosys campus in Bengaluru.Reuters FileInfosys said on Tuesday that it will be stepping up its local hiring in the US and set-up four technological hubs in the country in line with the comments company made after the declaration of Q4 and FY2017 results recently. The recruitment will be staggered over two years.”Infosys is committed to hiring 10,000 American technology workers over the next two years to help invent and deliver the digital futures for our clients in the United States,” Vishal Sikka, Chief Executive Officer, Infosys, said in a statement.The four hubs will focus on technology and innovation, apart from serving clients in key industries such as financial services, manufacturing, healthcare, retail and energy and more. The first such hub will open in Indiana in August 2017.”In helping our clients improve their businesses and pursue new kinds of opportunities, we are really excited to bring innovation and education in a fundamental and massive way to American workers. New advances in technology – artificial intelligence, in particular – are radically transforming our world, and it is within our reach to learn these new technologies and to be the innovators and entrepreneurs who bring solutions based on these technologies to our clients in all industries,” Sikka added.Eric J Holcomb, Indiana governor, said the move will benefit the state in a big way.”It’s so good to welcome Infosys to Indiana, and to expand our growing tech ecosystem with the addition of their estimated 2,000 Hoosier jobs. I look forward to working with Infosys to elevate Indiana to the next level,” he said.Infosys had over 2 lakh employees as of March 31, 2017; the nationality-wise break-up was not available.The announcment is significant in the context of the ongoing developments in the US that has tightened the norms for issuing H-1 B visas. Infosys shares were trading 0.18 percent down at Rs 918 apiece on the BSE on Tuesday.read more

In this file photo taken on 8 May White House press secretary Sarah Sanders speaks to the press in the driveway of the White House in Washington, DC. Photo: AFPUS president Donald Trump on Thursday announced the surprise departure of his spokeswoman Sarah Sanders, after a combative tenure that saw her all-but-kill off traditional White House briefings to journalists.Sanders has been one of Trump’s most loyal foot soldiers, almost constantly at his side during his tumultuous two and a half years at the White House and during the campaign before.Trump announced her exit in a tweet and did not name a replacement.”After 3 1/2 years, our wonderful Sarah Huckabee Sanders will be leaving the White House at the end of the month and going home to the Great State of Arkansas,” Trump said, adding that he hoped she would run for governor of her state.Sharp, sometimes acid-tongued, Sanders has not been prone to the almost comic slip-ups that embarrassed predecessors in the job, such as short-lived Trump spokesman Anthony Scaramucci.But she has earned a reputation for bruising clashes with journalists whom she finds over-critical — often echoing her boss’s attacks on unfavorable coverage as “Fake News.”At a White House event Thursday on reintegration into society for ex-prisoners, Trump interrupted proceedings to summon the “warrior” Sanders from the audience and lavish praise on her record.Calling her “a friend, a woman, a great, great magnificent person,” Trump said, “she’s very popular.”In fact, Sanders, 36, has a sometimes bitter relationship with the White House press corps and is seen as responsible for the demise of the formal daily briefing — practically an institution under previous presidents.Pressed during one particularly combative briefing to distance herself from Trump’s characterization of the media as the “enemy of the people,” Sanders refused.The last time she took to the podium for a back-and-forth with reporters in the White House briefing room was 11 March. Instead, she communicates largely through interviews on the president’s favorite TV network Fox News and short, informal briefings with other journalists outdoors.She has also been accused of telling repeated lies to reporters, although she denies this.Despite Sanders’ damaged reputation in media circles, there had been no hint from the administration that her exit was imminent.Sanders’ father Mike Huckabee is a former Republican governor of Arkansas, making her something of a member of conservative royalty.No tearsCalled up to the microphone by Trump at the ex-prisoners’ event, a visibly emotional Sanders said she would “try not to get emotional, because I know crying can make us look weak.”In a brief address, the spokeswoman praised Trump and her colleagues at the White House, saying she “loved every minute” of the job.”I’m going to continue to be one of the most outspoken and loyal supporters of the president and his agenda and I know he’s going to have an incredible six more years and get a lot more done,” she said.She made no mention of the media or the role of journalists at the White House.Although Sanders is often blamed for the White House’s killing off of the press briefing, she has been serving a president who from the start decided to tear up the media playbook.With Trump communicating directly via Twitter and other social media to tens of millions of people every day, the traditional role of a press office putting out statements has become partly redundant.And while journalists now rarely hold the administration’s feet to the fire in the calm, organized setting of the briefing room, they have extraordinary access to Trump himself.Weekly, the president holds his own impromptu briefings in the Oval Office or out on the South Lawn before boarding his Marine One helicopter. In contrast to real press conferences, these occasions can be chaotic and are rarely carried on live television.Sanders may not speak much, but she is always there — in the background.read more

This story originally appeared on Fortune Magazine Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global May 29, 2015 Register Now » Growing a business sometimes requires thinking outside the box. 3 min read Google is trying its hand at manufacturing high-tech fabrics and wearable electronics that you can actually wear with new Advanced Technology and Projects Group efforts called Project Jacquard and Project Soli. Google showed off the projects, which involve weaving electronics into fabrics and a gesture-based interface, at its Google I/O developer event being San Francisco Friday.The result of the combined projects is a fabric that acts as a touch screen of sorts. Different ways of stroking the fabric allow could someday allow a user to turn on lights, make a phone call or do any number of tasks programmed for that patch of fabric. Levi Strauss & Co. has signed a partnership with Google to try to exploit the technology. Project Jacquard is a combination of two technologies—weaving conductive threads into a piece of cloth and creating a package of electronics that work with the conductive threads to read the information they convey and turn it into something a computer can understand. For those who like to win on trivia nights, Jacquard is likely named after the first mechanical loom that was able to make complicated fabrics such as brocades.Google is not the first to create conductive threads. Startups such as OmSignal, Heapslyon and others currently sell shirts, running socks and even sports bras that contain such threads and use their electronic innards to track various metrics associated with physical activity. The Sensoria socks from Heapsylon are surprisingly comfortable.But with Project Soli, Google is adding a futuristic tweak. Soli uses radar to “see” tiny gestures that a person might make with their fingers and turns that into a signal a computer can understand. So a flick of the thumb over the fabric could become a screen swipe. Using radar or other forms of radio waves for gesture control isn’t actually all that new. Elliptic Labs, a Norwegian startup has been licensing its ultrasound technology to smart phone manufacturers so people could control their handsets with a flick of their wrist from across the room. Researchers at the University of Washington have used disruptions in Wi-Fi radio signals as a way to build a gesture-based interface for the home.So Google’s breakthrough with these two projects is to choose radar for Project Soli, and apply it to fabrics to turn anything from your jacket lapel to your sofa cushions into a responsive screen of sorts. This is good news for people who are tired of looking at screens, or are frustrated by trying to perform complex tasks on something the size of a smart watch. But it’s probably bad news for people who like to wipe their hands dry on their pants.read more

Financial technology has been all the rage these days, and there’s no shortage of fintech startups popping up across the globe. However, investments have been slowing down, indicating that the industry is reaching saturation for certain verticals. As such, startups should expect stiff competition.In addition to increasingly fierce competition and possible consolidation in the horizon, many fintech first-timers fail to take data seriously, especially when it comes to the many question marks surrounding the booming industry. One of the elements fintech actors should consider is of course data and its plethora of applications.Writing in a blog post about the importance of analytics, Hagit Ben Shoshan, VP of customer success at digital intelligence platform CoolaData, encourages startups to embrace analytics early on. “Don’t wait until your startup is big to start implementing analytics. Understand your user behavior as early as possible to be better prepared for your next high stage of growth.”Businesses must ensure that they are making smart and guided decisions in order to be competitive. Today, such a level of decision-making is made possible through big data.”Today’s data-driven professional needs the ability to navigate a wide variety of disparate data sources in a self-service environment, and derive insights before making a decision,” notes Sisense CEO Amir Orad in a recent blog post. “Enterprise data tools should empower business units to be data-driven in this sense, rather than retroactively justifying decisions with canned reports,” he added.Indeed, analytics isn’t some buzzword or novelty anymore, and data advocates believe that tech startups must be making data part of their organization’s foundation. Data has proven capable of revealing potential areas of both risk and opportunity that aren’t overtly noticeable.Data’s importance is even more amplified in industries that revolve around numbers such as finance. The large volumes of data that can be tracked and analyzed in fintech should prove a very rich resource that fintech companies would surely benefit from. This need for analytics cuts across verticals.Related: What Fintech Entrepreneurs Can Learn From Big Tech CompaniesHere are five fintech verticals where smart analytics are crucial to success.1. TradingThe emergence of data and machine learning has given rise to robo-advisors where artificial intelligence is used to provide customized investment advice to individual users. Fintech ventures such as Betterment and Wealthfront both leverage analytics in order to track user behavior and improve their customer experiences. Betterment cites how analytics helped it introduce a tax impact preview feature that allows users to see their potentially incurred taxes in advance.Other trading platforms are integrating analytics as well. Recently, CoolaData introduced an integration with the MetaTrader platform that allows brokers to track performance and generate reports quickly. This allows brokers to readily monitor their performance and provide interventions when necessary.Related: 7 Things to Consider Before Launching a Fintech Startup2. InsuranceInsurance has always been a numbers game. Insurers base the price of insurance premiums on actuarial tables. With the explosion of data, insurance companies can now factor in more information in generating their tables. For insurers, implementing smart analytics allows them to be on top of trends.The increased connectivity of smartphones, internet of things devices and cars allows for more data about customers to be gathered and used for risk analyses. For instance, geolocation and telemetry data can be used by auto insurers to identify higher risk motorists. A Deloitte paper sees this use of big data and analytics as good for consumers since pricing would better reflect risk.3. PaymentsPayments is possibly the most competitive fintech segment today. More markets are aspiring towards going cashless, and companies from traditional institutions such as banks, tech giants like Google and Apple, incumbents like PayPal and up-and-coming startups are now competing for relevance. There is much demand for real-time transactions in B2C, B2B and even peer-to-peer segments. Forty-three percent of small- and medium-sized businesses around the world claim that receiving real-time payments is crucial to their organizations.Related: How Fintech and Payments Innovations Will Disrupt Global EcommerceBut, beyond speedy transaction, merchants are actually looking for other potential sources of competitive advantage. Payment providers can offer value-added services such as transaction data reports for use in monitoring market trends and creating spending profiles. Merchants and marketers can use these for marketing campaigns and personalization efforts.4. Real estateReal estate appears to be one of the less talked about verticals in fintech but it is a major vertical nonetheless. Real estate is a $217-trillion industry worldwide, and 75 percent of that is from residential property. New ventures could very well explore this as a blue ocean market for fintech.Like many other industries, analytics has steadily changed the real estate game. It isn’t enough to go by the age-old real estate adages of “location, location, location.” Analytics now allows smarter ways for homebuyers to locate their perfect investments. Services such as Zillow and Trulia have been using information such as census data, property listings, crime statistics and geographic information systems data (GIS) to generate accurate information about properties.Related: Access to Data is Great, but It’s How You Communicate It That Matters5. SecurityFintech is a prime target for cybercriminals due to the nature of the information and assets that it handles. As such, fintech companies must put security at the core of their operations. Use of stolen credit card information still plagues many payment processors and merchants. This year, there has been a 200 percent rise in testing or using card information to purchase cheap items to confirm that they work. There’s even a rise in the use of stolen bank account information to purchase goods and pay bills online.Behavioral analytics play a very large role in fraud detection. Through the combination of analytics, algorithms and artificial intelligence, fraud prevention systems can identify fraudulent behavior with a fair degree of accuracy. These systems can even use historical data from existing consumers to flag unusual activities that are usually attributable to fraud.Moving aheadWhile fintech is still some time away from global breakthrough and dotcom bubbles are a constant threat, the industry enjoys the benefit of data and smart analytics. With that said, fintech can avoid the many pitfalls of other industries thanks to advancements in data collection and the consequent ability to understand consumer behavior. Opinions expressed by Entrepreneur contributors are their own. Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. 6 min read Register Now » July 7, 2017 Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goalsread more